There are many great Calgary area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a list of Featured Properties so you know what buyers will pay for your home in today's market. You may also call me at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions.
Insurance made Easy
Today I would like to spell out the differences between insurance for a residential home and for a condominium. I'll also be speaking about the changes that are occurring with insurance here in Calgary.
There are two aspects to condominium insurance. One is the building insurance, where the condominium corporation is responsible for the structure. The other is individual insurance for each unit in the condominium, which the individuals living their have to pay.
With premiums increasing by 15-20% you need to know what is being covered in your building insurance and have someone on your team that is acutely aware of what needs to be covered with your condo insurance.
Now, with residential home insurance you might expect some increases on your premium because of the natural disasters that have occurred here in Calgary recently. What has also happened is that companies have actually eliminated certain kinds of coverage, so when you need to make a claim and aren't covered, it can be a major burden.
If you would like to discuss insurance for condominiums or for your residential home in Calgary, please don't hesitate to contact me.
